American Express (AXP) EBITDA (2009 - 2026)
American Express' (AXP) quarterly EBITDA came in at $3.5 billion in Q1 2026, up 18.54% year-on-year from $3.0 billion in Q1 2025, and up 22.72% quarter-over-quarter from $2.9 billion in Q4 2025.
American Express (AXP) EBITDA (2009 - 2026) Analysis & Trends
American Express has disclosed EBITDA across 18 years of filings, most recently posting $3.5 billion for Q1 2026.
- EBITDA for Q1 2026 came in at $3.5 billion, up 18.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.4 billion (up 10.4% YoY), and the FY2025 annual result was $12.8 billion, up 6.3% from the prior year.
- EBITDA came in at $3.5 billion for Q1 2026 at American Express, up from $2.9 billion in the prior quarter.
- In the past five years, EBITDA ranged from a high of $3.6 billion in Q2 2024 to a low of $1.5 billion in Q2 2022.
- The 5-year median for EBITDA is $2.9 billion (2025), against an average of $2.6 billion.
- Across the five-year window, EBITDA surged 110.04% in 2022 and decreased 10.55% in 2024, its largest moves.
- American Express' EBITDA stood at $1.6 billion in 2022, then jumped by 67.55% to $2.7 billion in 2023, then slipped by 10.55% to $2.4 billion in 2024, then gained by 18.82% to $2.9 billion in 2025, then grew by 22.72% to $3.5 billion in 2026.
- The last three EBITDA figures came in at $3.5 billion (Q1 2026), $2.9 billion (Q4 2025), and $3.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 7.23 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 4.91 Bn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 3.55 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 6.79 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 1.49 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 2.02 Bn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 96.25 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 153.01 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 332.00 Mn |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | 139.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.55 Bn |
| Dec 31, 2025 | 2.89 Bn |
| Sep 30, 2025 | 3.51 Bn |
| Jun 30, 2025 | 3.40 Bn |
| Mar 31, 2025 | 2.99 Bn |
| Dec 31, 2024 | 2.43 Bn |
| Sep 30, 2024 | 3.09 Bn |
| Jun 30, 2024 | 3.58 Bn |
| Mar 31, 2024 | 2.94 Bn |
| Dec 31, 2023 | 2.72 Bn |
| Sep 30, 2023 | 3.10 Bn |
| Jun 30, 2023 | 2.52 Bn |
| Mar 31, 2023 | 1.88 Bn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 1.78 Bn |
| Jun 30, 2022 | 1.45 Bn |
| Mar 31, 2022 | 1.46 Bn |
| Dec 31, 2021 | 774.00 Mn |
| Sep 30, 2021 | 847.00 Mn |
| Jun 30, 2021 | 1.00 Bn |